Title 8, UTILITIES AND TRANSPORTATION

Sec. 13. A pledge of proceeds of bonds or notes, investment earnings on those proceeds, or other money pledged by the bridge authority is binding from the time the pledge is made. Proceeds of bonds or notes, investment earnings on those proceeds, or other money pledged by the bri…

Sec. 14. All property of the bridge authority is public property devoted to an essential public and governmental function and purpose and is exempt from all taxes and special assessments of the state or any political subdivision. As added by P.L.185-2018, SEC.27.

Sec. 15. Neither: (1) the state; nor (2) a political subdivision of the state, including, without limitation, Posey County and the town of New Harmony; is liable for any action taken by the bridge authority. As added by P.L.185-2018, SEC.27.

Sec. 2. (a) The New Harmony and Wabash River bridge authority is established as a separate body corporate and politic of the state for the purposes set forth in section 6 of this chapter. (b) The bridge authority is an entity separate from the state or any entity responsible for …

Sec. 3. (a) The bridge authority shall be composed of the following five (5) individuals: (1) Three (3) members appointed by the governor, no more than two (2) of whom may be from the same political party. (2) One (1) member appointed by the appropriate county executive of Posey …

Sec. 4. (a) An appointment to the bridge authority shall be for a term of four (4) years. Each member appointed to the bridge authority: (1) shall hold office for the term of the appointment; (2) shall continue to serve after the expiration of the appointment until a qualified su…

Sec. 5. (a) The bridge authority shall hold an organizational meeting within thirty (30) days after the initial appointment of the members and every January of each subsequent year. During each organizational meeting, the bridge authority must elect the following officers from ex…

Sec. 6. The bridge authority is established for the purpose of: (1) inheriting the assets, duties, powers, and rights of the commission; (2) accepting the transfer and ownership of the bridge and all interests of the commission in real and personal property; (3) accepting or rece…

Sec. 7. (a) The bridge authority may do the following: (1) Accept the assets of the commission. (2) Hold, exchange, lease, rent, sell (by conveyance by deed, land sale contract, or other instrument), use, or otherwise dispose of property acquired for the purpose of implementing t…

Sec. 8. (a) The bridge authority may, by resolution, issue and sell bonds or notes of the bridge authority for the purpose of providing funds to implement this chapter. (b) Before issuing a series of bonds or notes, the bridge authority shall publish a notice of its determination…

Sec. 9.1. (a) Except as provided in subsection (b), the bridge authority and its members, officers, and employees are immune from civil liability resulting from any act or omission related to implementation of this chapter. (b) This section does not grant immunity from civil liab…